REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,559 (target)

501 Southeastern Ave, Rayne, LA 70578

3 beds • 2 baths • 1540 sqft

Email

This property looks like a bad Long-Term investment with a projected -1.92% first-year return on $44,415 initial cash invested.

-1.92%

Cash On Cash

6.26%

Cap Rate

1.01

DSCR

$1,559

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,559 income − $1,630 expenses = $71 out of pocket

Income$1,559Out of Pocket$71Mortgage P&I$1,09770%Property Taxes$533%Insurance$745%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,415

Downpayment

20%

$42,300

Closing costs

1%

$2,115

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,559

Total Expenses

$1,630

Mortgage P&I

70%

$1,097

Property Taxes

3%

$53

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis